Dopay is a fintech platform that helps businesses in Egypt manage payroll and other payments to employees and vendors via a cashless system. The platform handles payroll processing for companies, including workers who do not have bank accounts. Features include next-day card delivery for new employees and a mobile app that lets businesses manage accounts and payroll anywhere. For employees, Dopay issues a card linked through a Mastercard partnership that lets them access wages 24/7 at ATMs and make purchases online, promoting financial inclusion. The service is sold on a B2B model, charging fees to the companies using its payroll services, and it has regulatory approval from the Central Bank of Egypt. Dopay differentiates itself by targeting the unbanked segment in Egypt, offering fast card delivery, and leveraging Mastercard for card-based wage access. The goal is to make payroll fast, secure, and accessible while bringing more people into the cashless economy.
Company Size
201-500
Company Stage
Early VC
Total Funding
$48.3M
Headquarters
Cairo, Egypt
Founded
2014
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